FURMAN DR 78747
| Owner | M/I HOMES OF AUSTIN LLC |
|---|---|
| Parcel ID | 0340060337 |
| Short ID | 980356 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 6,456 SF |
| Acres | 0.148 |
| Year Built | — |
| Legal | THAXTON SUBD (SMALL LOT) PHS 1 BLK B LOT 35 |
| Neighborhood | H0850 |
| Land | $8,071 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,071 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $8,071 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,071 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,071 |
| Taxable Value | $8,071 |
|---|
Appreciation: Market value has risen +7.6% from $7,500 (2024) to $8,071 (2025), a CAGR of 7.6% over 1 year. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +27.9%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $167. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 100% of market value ($8,071 land vs $0 improvements), about $1/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $8,071, this parcel sits in the bottom quartile (<25th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +85.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $568,260 by 2031, with an estimated annual tax burden around $10,011. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $76.59 | $76.59 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $42.29 | $42.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $30.33 | $30.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9.53 | $9.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8.35 | $8.35 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $167.09 | $167.09 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $76.59 | 45.8% |
| CAT City of Austin | 0.5240% | $42.29 | 25.3% |
| TCO Travis County | 0.3758% | $30.33 | 18.2% |
| THD Travis Central Health | 0.1180% | $9.53 | 5.7% |
| ACT Austin Community College | 0.1034% | $8.35 | 5.0% |
| Total | 2.0702% | $167.09 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $25,826 | $8,071 | +220.0% |
| Assessed Value | $25,826 | $8,071 | +220.0% |
| Land Value | $32,283 | $8,071 | +300.0% |
| Improvement Value | — | — | — |
| Taxable Value | $25,826 | $8,071 | +220.0% |
| Total Tax 2026 = estimate |
~$535
Estimated
|
~$167
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $25,826 | $32,283 | — | — | $25,826 | $25,826 | Not yet — post-cert | Preliminary |
| 2025 | $8,071 | $8,071 | — | — | $8,071 | $8,071 | ~$167 | Partial |
| 2024 | $7,500 | $7,500 | — | — | $7,500 | $7,500 | $152 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +220.0% ! | +220.0% | ~100% | Not available | Partial |
| 2025 | +7.6% | +7.6% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +220.0% | +113.8% | +85.6% | +220.0% | 2026 | +7.6% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2024 | 100.0% | 2024 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$167 | $160 | ~$4,280 | $167 | 2025 | $152 | 2024 |
Market value changed by 220% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$47,924 | ~$47,924 | ~2.0085% | ~$963 | +85.6% |
| 2028 | ~$88,931 | ~$88,931 | ~1.9468% | ~$1,731 | +244.3% |
| 2029 | ~$165,025 | ~$165,025 | ~1.8851% | ~$3,111 | +539.0% |
| 2030 | ~$306,231 | ~$306,231 | ~1.8234% | ~$5,584 | +1085.7% |
| 2031 | ~$568,260 | ~$568,260 | ~1.7617% | ~$10,011 | +2100.3% |
| 2027 | ~$47,408 | ~$47,408 | ~2.0702% | ~$981 | +83.6% |
| 2028 | ~$87,024 | ~$87,024 | ~2.0702% | ~$1,802 | +237.0% |
| 2029 | ~$159,747 | ~$159,747 | ~2.0702% | ~$3,307 | +518.6% |
| 2030 | ~$293,241 | ~$293,241 | ~2.0702% | ~$6,071 | +1035.4% |
| 2031 | ~$538,290 | ~$538,290 | ~2.0702% | ~$11,144 | +1984.3% |
| 2027 | ~$48,441 | ~$48,441 | ~1.9776% | ~$958 | +87.6% |
| 2028 | ~$90,858 | ~$90,858 | ~1.8851% | ~$1,713 | +251.8% |
| 2029 | ~$170,419 | ~$170,419 | ~1.7925% | ~$3,055 | +559.9% |
| 2030 | ~$319,648 | ~$319,648 | ~1.7000% | ~$5,434 | +1137.7% |
| 2031 | ~$599,550 | ~$599,550 | ~1.6074% | ~$9,637 | +2221.5% |
In 2025, this property's market value of $8,071 places it in the bottom 25% for Land/Vacant properties in Travis County (35611 comparable) — -90% below the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $8,071 | $24,862 | $84,423 | $362,804 | ↓ Bottom 25% | +2.1% |
| 2024 | $7,500 | $23,000 | $66,000 | $328,966 | ↓ Bottom 25% | +0.0% |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |